The Endpoint
Detection and Response (EDR) Solutions Market is expected to reach
USD 7.15 Billion by 2026, according to a new report by Reports and Data.
Endpoint security solutions are emerging due to the evolving
rate of attackers and threats faced by various enterprises. Endpoint security
vendors are anticipated to implement solutions for advanced attack techniques.
Enterprise security systems need to be updated with the developments in
endpoint security products, vendors to mitigate the threats that they might
face in the future.
This can be mainly associated with increasing technological
advancement emergence of IoT, which are expected to further accelerate the
market growth globally. EDR (Endpoint Detection and Response) is a
cyber-security technology that emphasizes on the need for constant monitoring
and provides solutions for advanced threats. Tremendous opportunity for growth
awaits the market as it is an emerging technology. Continuous monitoring and
identification of the threats are promoted through the application of
analytical tools.
Many organizations are still using conventional anti-virus
(AV) solutions for endpoint security approach, but most of the enterprises are
shifting towards modern, more advanced solutions that are better suited to handle
ongoing, rising advanced threats.
North America region is expected to lead the market with the
largest share of 26.3% in 2018 due to the growing digitalization rate, adoption
of security solutions at a large scale and strict government policies.
To identify the key trends in the industry, click on the
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Further key findings from the report suggest
Ø The
Endpoint Detection and Response (EDR) Solutions Market is estimated to reach
USD 7.15 Billion by 2026, at a CAGR of 24.9% during the forecast period.
Ø The
adoption of Endpoint Detection and Response (EDR) Solutions detection is
increasing to secure websites, mobile apps, and APIs.
Ø The
services segment is anticipated to grow at the higher rate of 25.3% during the
forecast period.
Ø Based
on deployment, the market is segmented as on premise, hybrid and managed.
Ø The
mobile device type segment is anticipated to grow at the highest rate of 25.1%
during the forecast period.
Ø The
healthcare end user segment accounts for the largest share of 39.3% in 2018.
Ø Recently,
the largest data breach incident was observed in the healthcare segment.
Ø APAC
is forecasted to be the fastest growing market with the highest rate of 25.4%
during the forecast period.
Ø The
drivers for the growth of this region are the presence of key players,
favorable reimbursement policies, and rising use of technology in the emerging
countries like India, China and Japan, along with several initiatives initiated
by the government.
Ø Various
players are working on improving the functionality of EDR solutions to mitigate
the advanced security threats and data breaches.
Ø Solar
Winds announced the expansion of its security agreement with Solar Winds
Endpoint Detection and Response in May 2019, through its alliance with Sentinel
One. It is intended to assist MSPs in preventing, detecting, and responding to
the newest threats to customer endpoints with registered Behavioral AI.
Ø The
Key players in the Endpoint Detection and Response (EDR) Solutions Market
include Cisco Systems Inc., Symantec Corporation, Cybereason Inc., Crowdstrike
Inc., Deep Instinct Ltd, Digital Guardian, FireEye Inc., Carbon Black Inc.,
OpenText Corporation, McAfee Inc., EMC Corporation, Fidelis Cybersecurity,
Trend Micro Inc., Cybereason Inc., Intel Corporation, Digital Guardian Inc.,
Guidance Software, Inc.
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For the purpose of this study, Reports and Data have
segmented the market on the basis of Offering, Deployment mode, Type,
Organization size, End user and region:
Offering Outlook (Revenue, USD Million; 2018-2026)
- Solution
- Services
Deployment mode Outlook (Revenue, USD Million; 2018-2026)
- On-premises
- Hybrid
- Managed
Type Outlook (Revenue, USD Million; 2018-2026)
- Workstations
- Mobile
Devices
- Servers
- Point
of Sale Terminals
Organization size Outlook (Revenue, USD Million;
2018-2026)
- Small
and Medium Enterprises
- Large
Enterprises
End user Outlook (Revenue, USD Million; 2018-2026)
- Healthcare
- BFSI
- IT and
Telecom
- Manufacturing
- Retail
Regional Outlook (Revenue, USD Billion ; 2018-2026)
- North
America
- U.S.
- Europe
- France
- UK
- Asia
Pacific
- China
- India
- Japan
- Latin
America
- Brazil
- Middle
East and Africa
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Information and Communication Technology Category at: https://www.reportsanddata.com/report/category/information-technology
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